The Envisioned Ecosystem

Among various infrastructure-related services with sustainability issues, the WEF will start first focusing on water. It is the most fundamental resource for all life and a critical resource for our society.

In December of 2020, the Chicago Mercantile Exchange launched the world’s first water futures contract to hedge against the rising water prices and manage water supply risk. However, this is only a temporary solution and does not solve the fundamental cause of water shortages. Furthermore, there is a risk that market transactions will prioritize profits over ensuring adequate availability of water and public access to it. On the other hand, the WEF approach encourages social change in waterrelated infrastructure through public participation. In a sense, we are not just providing a platform for people to participate in public affairs, but we are creating a new collective form of economic collaboration.

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